Aaron Jungreis of Rosewood Realty brokered the transaction on behalf of the buyer and seller. BRG was also advised by Ralph Herzka and Avi Weinstock of Meridian Capital, a company spokesperson said.

“These properties are quality buildings located in great neighborhoods proximate to the subway. They are a fantastic addition to our growing Queens and New York City portfolio,” Daniel Benedict, president of BRG, said in a statement.

The purchase expands BRG’s holdings to include approximately 5,500 multi-family units in New York City, he said.

The deal is the latest in a string of sales by Urban American. Earlier this month, the company inked an agreement to sell a portfolio of five multi-family buildings in Far Rockaway to E&M Associates for $52 million, The Real Deal previously reported.

The company is also looking to sell a large stake in a $1 billion portfolio it co-owns with the City Investment Fund in Upper Manhattan and on Roosevelt Island.